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See original article: "Real" and "Unreal" Wages; Five Decades of Middle Class Decline in Pictures
View article: Food Prices Soar; CPI Posts Biggest Gain in 10 Months; Real Average Earnings Decline
Bloomberg reports Retail Sales in U.S. Unexpectedly Fell 0.4% in January Sales at U.S.
Amazon: AMZN : The PE of Amazon is 592, Valuation is $160 Billion Linked In: LNKD : PE of Linked In is 837, Valuation is $23 Billion Facebook : FB: Facebook PE is 106, Valuation is $165 Billion Priceline : PCLN : PE of Priceline is 36, Valuation is $64 Billion Hertz : HTZ: PE of Hertz is 37, Valuation is $12 Billion Starbucks : SBUX : PE of Starbucks is 483, Valuation is $57 Billion Boston Beer (Samuel Adams) : SAM : PE of Boston Beer is 43, Valuation is $3 Billion I could go on and on but I won’t. At current earnings, investors in Amazon will have to wait 592 years for a positive return on earnings. More realistically, they would have to wait forever because Amazon does not pay a dividend.
Excerpt from: Shop on Amazon by Taking Pictures of Items with New "Flow" App: Big Deal or Not?
A few days ago, Target made the claim it would not reduce employee hours because of Obamacare.
The Chicago Tribune reports It’ll take time to see effect of new mortgage rules New regulations governing home loans take effect Jan. 10, but it’s likely to take a few months to see how much they really alter a prospective borrower’s ability to get a mortgage
Bloomberg reports Emerging Market Slowdown to Last for Years Unilever (UNA) Chief Executive Officer Paul Polman said the economic slowdown in emerging markets is here to stay as many countries need to enact structural reforms to adjust to new conditions after the boom of recent years.“They are still relatively stronger economies, but still fragile,†Polman said. “And you see that growth coming off now a little bit, obviously not being helped either by lower demand coming from Europe and the U.S